Gofen & Glossberg LLC IL held its stake in Texas Pacific Land Trust (NYSE:TPL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,000 shares of the financial services provider’s stock at the close of the second quarter. Gofen & Glossberg LLC IL’s holdings in Texas Pacific Land Trust were worth $294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of TPL. Raymond James Trust N.A. purchased a new position in shares of Texas Pacific Land Trust during the 2nd quarter worth approximately $291,000. Ingalls & Snyder LLC raised its stake in shares of Texas Pacific Land Trust by 21.1% during the 2nd quarter. Ingalls & Snyder LLC now owns 1,150 shares of the financial services provider’s stock worth $338,000 after buying an additional 200 shares in the last quarter. Filament LLC purchased a new position in shares of Texas Pacific Land Trust during the 2nd quarter worth approximately $352,000. Cim LLC purchased a new position in shares of Texas Pacific Land Trust during the 2nd quarter worth approximately $493,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Texas Pacific Land Trust by 10.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,841 shares of the financial services provider’s stock worth $541,000 after buying an additional 177 shares in the last quarter. 39.44% of the stock is owned by institutional investors and hedge funds.

Texas Pacific Land Trust (NYSE:TPL) last issued its quarterly earnings data on Monday, July 31st. The financial services provider reported $2.12 earnings per share (EPS) for the quarter. The business had revenue of $27.36 million during the quarter. Texas Pacific Land Trust had a return on equity of 112.96% and a net margin of 73.06%.

COPYRIGHT VIOLATION WARNING: “Gofen & Glossberg LLC IL Maintains Position in Texas Pacific Land Trust (TPL)” was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.watchlistnews.com/gofen-glossberg-llc-il-maintains-position-in-texas-pacific-land-trust-tpl/1638640.html.

TPL has been the subject of a number of analyst reports. BidaskClub raised Texas Pacific Land Trust from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. ValuEngine downgraded Texas Pacific Land Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th.

Texas Pacific Land Trust Company Profile

Texas Pacific Land Trust (the Trust) is engaged in managing land, including royalty interests, for the benefit of its owners. The Company operates through managing the land segment, which includes sales and leases of such land, and the retention of oil and gas royalties. The Trust derives revenue from all avenues of managing the land, such as oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales.

Want to see what other hedge funds are holding TPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Pacific Land Trust (NYSE:TPL).

Institutional Ownership by Quarter for Texas Pacific Land Trust (NYSE:TPL)

Receive News & Ratings for Texas Pacific Land Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Pacific Land Trust and related companies with Analyst Ratings Network's FREE daily email newsletter.